Compared to October 2020, total retail trade turnover decreased by 2.3% in October. Turnover of retail trade in food products grew by 0.1%. Retail trade in non-food products (except for retail sale of automotive fuel) decreased by 5.7%, but turnover of retail sale of automotive fuel – increased by 1.4%.
Compared to October 2020, the most notable turnover rise was recorded in retail sale via mail order houses or via Internet (+22.1%), retail sale in stalls or markets (+15.3%) and retail trade in pharmaceutical and medical goods (+12.5%). A turnover drop was registered in retail sale of clothing, footwear and leather goods (-20.4 %), retail sale of cultural and recreation goods (-13.7%) and retail sale of hardware, instruments, construction materials and sanitary equipment (-12.9%), according to calendar-adjusted data compiled by the Central Statistical Bureau of Latvia.
As of October 20, stricter security conditions were introduced at trade areas with a purpose to significantly reduce crowding and contact in public places.
Total retail trade turnover at current prices increased by 4.5%, without taking into account the calendar influence.
Compared to September, the total turnover of retail trade enterprises in October fell by 5.3%, according to seasonally adjusted data at constant prices. Turnover of retail trade in food products grew by 2.7%. Retail trade in non-food products (except for retail sale of automotive fuel) reduced by 12.6%, but turnover of retail sale of automotive fuel – by 1.7%.
As compared to the previous month, the most notable turnover growth was registered in retail trade in pharmaceutical and medical goods (+7.1 %) and retail sale via mail order houses or via Internet (+6.8 %). The largest turnover drop was registered in retail sale of clothing, footwear and leather goods (-29.5%), retail sale of cultural and recreation goods (-20.2%) and retail sale of hardware, instruments, construction materials and sanitary equipment (-18.5%).
Compared to September, in October the total retail trade turnover at current prices (not taking into account seasonality) fell by 3.2%. (BNN/Business World Magazine)
